You have to respect their current contract with the previous owner.

The tax, legal, and lendability implications all need to be considered with their respective pros.

with respect, only someone who doesn't know what they are doing would say something like that.  1.) lowball does not mean aggressive.  2.) there's a lot wrong when buyers try to waste other people's time while insulting sellers. 

I was wondering what your thoughts are on how to do this respectfully.

I have heard from multiple respected professionals that this is the new normal not a market top.You have an asset that will keep appreciating and is cash flowing.

Hi Ronald,The language on the contract is that if in 3 years the properties have not yet been satisfied then the lender as the right to foreclose on the current property within 24 hours of the missed June 20, 2021 date.With respect to the developers, they have not come back with a firm commitment which is why the lenders are unable to provide us a product to move settle the current debt with the seller financed note. 

Please do speak with a CPA regarding this if you want to venture down this route to get a more concrete idea and advice.Since the LLCs are operating in different states then you will need to file a return for those states respectively.

Even though I will be living there, I will treat/respect my neighbors (aka tenants) as a mutual business relationship.

I don’t know whether my words in the post - if read - failed to relay that writing any other letter would be useless - this firm has had enough “missed opportunities” to do the right thing, pre COVID.In asking this forum, which required writing what I wrote - in as many words as I felt necessary - I am only attempting to verify whether:(1) I may be taking the law too seriously;(2) other clients of their respective PMs have experienced “missed” payments from their PMs;(3) from a PM’s perspective: do payments to clients sometimes not get made as a normal part of the business?

For others, it was a sign of respect.